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QUESTION 13 Which of the following is true of an adverse material change in conditions clause used in a loan commitment? DA. It protects the

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QUESTION 13 Which of the following is true of an "adverse material change in conditions clause" used in a loan commitment? DA. It protects the lender against basis risk. B. It allows the Fl to cancel or reprice a loan commitment. C. It protects the lender against takedown risk. D. It is exercised frequently by most Fls. E. Exercise of the clause helps defaulted borrowers

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